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Art Market
Florida Dealer Daniel Bouaziz Gets Prison Sentence For Selling Fake Basquiat, Banksy
Daniel Bouaziz, art dealer from Palm Beach (Florida), has been handed a 27-month prison sentence, along with three years of subsequent probation, for his involvement in a money laundering scheme centered around the sale of counterfeit…
Sotheby’s Faked Provenance of Painting Owned By Jewish Gallerist, Claim Heirs
Heirs of an Austrian, Jewish gallery owner have filed a case against Sotheby’s for faking the provenance of a painting sold in 2019.
The painting in question is St. Francis of Paola Holding a Rosary, Book, and Staff by Giovanni Battista…
Sotheby’s Contemporary Sales Bring A Combined Total Of $204M
Two consecutive contemporary sales on Thursday brought Sotheby’s an impressive $204.7 million in total revenues.
Titled “Now”, the evening was dedicated to contemporary artists. The first event of the night was also the smaller one – a…
Philips New York Evening Sale Falls Flat; Rakes In $69.5M
The Philips evening sale in New York, dedicated to modern artists, managed to only collect $69.5 million.
The sale included all modern artists – from the 20th century till date. A total of 37 works went on the auction block, but only 33…
Sydney Gallery To Repatriate 13th Century Temple Carving To Nepal
On Friday, the Art Gallery of New South Wales announced that it will return an 800-year-old temple strut to Nepal.
Temple struts are intricately carved pieces that usually depict a god or mythological scene, and are located at the top of…
Andy Warhol’s Portrait Of O. J. Simpson Up For Auction At Philips
A 1977 portrait of O. J. Simpson by artist Andy Warhol is set to be auctioned at auction house Philips this month. The portrait will be sold as part of the 20th Century And Contemporary Art Day Sale at the auction house. It is expected to…
Air Jordans Worn By Michael Jordon Are Now The World’s Priciest Sneakers
A pair of Air Jordans worn by Michael Jordan in 1998 has fetched $2.2 million at Sotheby’s, becoming the world’s most expensive sneakers.
On Tuesday, the much-anticipated item went on the auction block at Sotheby’s and ended up fetching…
National Portrait Gallery And Getty Museum Announce Joint Acquisition of Joshua Reynolds Painting
The National Portrait Gallery, London, and Getty Museum have announced that they will be jointly acquiring the Joshua Reynolds work, Portrait of Omai.
The iconic painting by Joshua Reynolds has been subject to much controversy in recent…
Arts and Culture Brought $1 Trillion To US Economy In 2021, NEA Report Finds
A joint report by NEA and BEA found that the arts and cultural industries represented more than $1 trillion USD of the US in 2021.
On Wednesday, the National Endowment for Arts (NEA) and Business of Economic Analysis (BEA) released their…
Christie’s Adam Lindemann Auction Fetches $31.5M In Sales
Christie’s auction of over three dozen items belonging to gallerist Adam Lindemann was a success, fetching $31.5 million in total.
Adam Lindemann, apart from being the owner of the Venus Over Manhattan gallery, is also a noted art…